LFCBY (Lifco AB) Accounts Payable & Accrued Expense : $159 Mil (As of Sep. 2024)

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What is Lifco AB Accounts Payable & Accrued Expense?

Lifco AB's quarterly accounts payable & accrued expense increased from Mar. 2024 ($167 Mil) to Jun. 2024 ($169 Mil) but then declined from Jun. 2024 ($169 Mil) to Sep. 2024 ($159 Mil).

Lifco AB's annual accounts payable & accrued expense increased from Dec. 2021 ($179 Mil) to Dec. 2022 ($190 Mil) and increased from Dec. 2022 ($190 Mil) to Dec. 2023 ($190 Mil).

Lifco AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lifco AB's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lifco AB Accounts Payable & Accrued Expense Chart

Lifco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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94.89

121.85

179.11

189.83

190.01

Lifco AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															153.00	190.01	167.32	169.07	159.45

Lifco AB Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Lifco AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lifco AB (OTCPK:LFCBY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LIFCO B:Sweden LIFCBs:UK 0R4P:UK 1L30:Germany

Address

Verkmastaregatan 1, Enkoping, SWE, SE-745 85

Website

https://www.lifco.se

Lifco AB owns niche subsidiaries in a variety of industries, with a focus on three business areas: dental, demolition and tools, and systems solutions. The dental business supplies consumables, equipment, and technical service to dentists. The demolition and tools business manufactures and sells equipment for the construction and demolition industry, including demolition robots and crane attachments. The systems solutions business provides interiors for service vehicles, contract manufacturing, environmental technology, sawmill equipment, and construction materials. The Group's material revenue streams arising from the sale of goods comprise sales of dental products, tools and machinery, infrastructure products, environmental technology, special products and transportation products.